18 Colony Lane - Cleveland, OH    |    MLS: 5093201
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$230,000
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0
$230,000
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Complete custom home opportunity perfectly located on the water, minutes away from downtown Cleveland. This home will be built in a private gated community where you'll find some of the city's most prestigious residences. Collaborate with Cleveland favorite custom home builder, Berges Home Performance, known for their exceptional quality and craftsmanship, to design your custom home with a layout designed to maximize the stunning views of Lake Erie and the nearby Shoreby Club. The home itself is a completely custom home opportunity. So every detail included here is what could be done, depending on what works best for you and your specific lifestyle.

Mortgage Payments | Have a Question?
For informational purposes only: Howard Hanna is not a mortgage lender. is not a mortgage lender. Contact Howard Hanna Mortgage Services directly for more information. The payments shown assume an Asking Price of $230,000 with a Down Payment of $46,000 and a Loan Amount of $184,000
  Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
  30 Year Fixed15 Year FixedHomeReadyOHFA ConvFHA 30 Yr FixedVA FIXEDOHFA VA
 Loan Amount: $184,000$184,000$223,100$218,500$225,834$234,945$234,945
 Down Payment: $46,000$46,000$6,900$11,500$8,050
^*FHA Minimum Down Payment - The down payment of $8,050 is 3.5% as FHA loans allow for lower down payments. You can change the down payment amount above.
$0
^**VA Minimum Down Payment - VA loans offer Servicemembers, Veterans, and eligible surviving spouses certain loan benefits. This includes zero down payment, lower costs and potentially more flexible qualifying guidelines. You can change the down payment amount with this display to help you understand the potential payment.
$0
^**VA Minimum Down Payment - VA loans offer Servicemembers, Veterans, and eligible surviving spouses certain loan benefits. This includes zero down payment, lower costs and potentially more flexible qualifying guidelines. You can change the down payment amount with this display to help you understand the potential payment.
   Term (Months): 360180360360360360360
   Interest Rate: 7.000%6.500%6.750%6.750%6.375%6.625%6.000%
   APR: 7.051%6.578%6.799%6.799%7.162%6.905%6.264%
   Points: 0000000
   Principal & Interest: $1,224$1,603$1,447$1,417$1,409^*$1,504$1,409
   Property Taxes: $369$369$369$369$369$369$369
   Homeowners Insurance: $150$150$150$150$150$150$150
   HOA/Dues/Fees: $42$42$42$42$42$42$42
   PMI: $0$0$130$97$101$0$0
Total Payment*: $1,785$2,164$2,138$2,075$2,071^*$2,065$1,970
TRID Info Icon Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan. See page two for more disclosures.
TRID Info Icon Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan. See page two for more disclosures.

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*Total payment includes an estimation of principal and interest payment, property taxes, HOA/dues/fees, home owners insurance and private mortgage insurance (PMI) if applicable. Monthly Payment amounts above are based on estimates, may be greater and may not apply to your situation and can change without notice. ^*FHA loans allow for a 3.5% Down Payment. ^**VA loans require proof of the veteran's eligibility status. ^**VA loans allow for a 0.0% Down Payment.
Loan Officer Joe Misconin

Joe Misconin

NMLS ID 1159657
Mortgage Loan Officer
Howard Hanna Mortgage Services
 JosephMisconin@HowardHanna.com
howardhanna.com
Ask Joe a Question

 

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